2592 Grassy Point Dr UNIT 104Lake MaryFL32746
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lake Mary at 2592 Grassy Point Dr UNIT 104, Lake Mary, FL, 32746 earns $577/mo cash flow from $2,017/mo rent with a $1,062/mo payment. Total monthly income totals $2,017/mo, and annual cash flow totals $6,927/yr on $71,902 capital. ROI tracks 29.54% on current figures, and rental yield reads 11.16% at a $216,900 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,925 over five years. Five-year ROI reaches 155.16% and total cumulative return in cash sums $111,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,017/mo property income instead of your personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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